News – Page 58
-
NewsLockton Re is ‘fixated on culture’ – Tim Gardner
Alongside a strong culture focus, the reinsurance broker is also ‘born digital’, homing in on cloud-based tech rather than ’30-year-old legacy systems’, says global chief executive
-
NewsLockton Re’s new capital markets division plans ‘to be as agnostic as possible’ for clients
Broker chairman says ‘we’re a better firm if we have capital markets capabilities’
-
NewsReinsurance pricing correction ‘unavoidable’ - Hannover Re
Large loss trend, pandemic and rising inflation require further improvements in prices and conditions, insists reinsurer
-
NewsMS Amlin loses ‘Amlin’ name in rebrand
’MS Reinsurance’ will continue to underwrite from its platforms in Zurich, Bermuda, Miami and New York
-
NewsRenewals in specialty market ‘incredibly complex and challenging’ due to Russia-Ukraine conflict
Despite 1 January renewals being ‘orderly’, following the onset of the war, many specialty coverages ‘were excluded post-April’
-
NewsUpcoming renewals will be ‘much more challenging’ due to inflation – Munich Re
The demand for capacity ‘will be an issue’ at the next renewal too, says reinsurance chief executive
-
NewsPERILS adds European flood to its repertoire
Demand is growing for industry loss triggers as cedants seek alternatives amid the ongoing hard market - CEO Hitz
-
NewsClimate change discussion is ‘more urgent than ever before’ to gain independence from Russia
Reinsurer cites dual motivations as to why climate change and the transition to net zero carbon emissions needs to be pushed up global agendas
-
NewsMajor reinsurance market correction ahead - SCOR
The challenging macro-economic landscape will be a net positive for both risk carriers and “volatility takers”
-
NewsLloyd’s improves ‘underlying performance’ – AM Best
Despite under par performance over the last five years, Lloyd’s turned a corner in 2021, according to senior director
-
NewsLockton Re launches Lockton Re Capital Markets
Bankers and brokers will be ’solution agnostic’ as LRCM seeks to access broader pools of capital
-
NewsCyber newcos are seeding the pipeline, reveals AM Best
There is significant opportunity to innovate as the risk landscape evolves, but reinsurers are taking a more conservative approach to risk
-
NewsGallagher Re launches Gallagher Research Centre
Led by Dr Tina Thomson as global head of research, the GRC is a hub for academic, research and other institutions
-
NewsAll in this together
Guy Carpenter’s Julian Enoizi speaks to GR about the critical role of public/private partnerships in achieving greater societal resilience
-
NewsLloyd’s presents heartfelt tribute to the late Queen
”We were lucky to call her a friend and a regular visitor to Lloyd’s” says Bruce Carnegie-Brown as Lutine Bell rings in her honour
-
NewsS&P: Lloyd’s strong underwriting performance overshadowed by investment losses
Rating agency expects Lloyd’s underwriting results to remain in line with a 95% net combined ratio for year-end 2022
-
NewsFitch maintains neutral outlook for reinsurance sector
Despite increasingly challenging macro financial headwinds, global reinsurers have improved GWPs and combined ratios
-
NewsDon’t expect a ‘business-as-usual’ renewal, warns Aon
The broker urges reinsurers to adjust their risk appetites and tells buyers to get creative as market dislocation continues
-
NewsArgo Group announces sale of Lloyd’s Syndicate 1200 to Westfield
The $125m sale advances Argo’s objective of becoming more US-centric, says CEO Bradley
-
NewsAM Best puts US personal lines sector on negative
Rising reinsurance rates, shrinking capacity, inflation and secondary perils are putting primary carriers under pressure
